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Description
Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary SystemRecent events in the US high unemployment, record federal deficits, and unprecedented financial distress have raised serious doubts about the future of the dollar. So profound has been the impact that some say the dollar may soon cease to be the world's standard currency. Is the situation that bad? In Exorbitant Privilege, one of our foremost experts on the international financial system argues that while the dollar is bound to lose its singular
Recent events in the US--high unemployment, record federal deficits, and unprecedented financial distress--have raised serious doubts about the future of the dollar. So profound has been the impact that some say the dollar may soon cease to be the world's standard currency. Is the situation that bad? In Exorbitant Privilege, one of our foremost experts on the international financial system argues that while the dollar is bound to lose its singular status to newcomers like the Euro and the Chinese Renminbi, the coming changes will be neither sudden nor dire. Barry Eichengreen puts today's crisis in historical context, revealing that only after World War II, with Europe and Japan in ruins, did the dollar become the world's monetary lingua franca--the reserve currency of the world's banks and the kind of cash accepted virtually everywhere. Now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy like before. And the U.S. itself faces very serious economic and financial challenges as it contemplates its medium-term future. But despite this, Eichengreen concludes, predictions of the dollar's demise are greatly exaggerated. The paperback edition features a new afterword that takes the story up through 2012.Binding Type: Paperback
Publisher: Oxford University Press, USA
Published: 09/01/2012
ISBN: 9780199931095
Pages: 226
Weight: 0.70lbs
Size: 9.10h x 6.00w x 0.70d
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Product Reviews
★★★★★ 4
Terrific addition to your backpacking gear
I like this map holder for its versatility in holding different size maps. Once sealed, it was very effective at keeping moisture out and protecting the maps. I originally used this on a 13K mountain ascent. Worked great. The only thing that can be tricky at times is sealing the top. It's not as easy as sealing a typical zip-loc kitchen bag, takes some doing to get it to seal.
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Reviewed in the United States on May 26, 2025
★★★★★ 5
Best Map Case Ever!!!
Size: Regular - 12 x 16 Inches
Best Map case in the market! Field tested and keeps everything dry. The size is fantastic and you can run paracord through the rings. I would recommend this to anyone that uses a map. You definitely pay for what you get and that's high quality and functionality.
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Reviewed in the United States on August 13, 2025
★★★★★ 5
Just right for protecting river trip guides
Size: Regular - 12 x 16 Inches
Nice and durable - heavy duty. Getting ziplock to close is a pain though - lick or spit helps.
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Reviewed in the United States on December 19, 2024
★★★★★ 5
It works
Size: Large - 16 x 22 Inches
It works great nothing bad to say about it
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Reviewed in the United States on February 6, 2026
★★★★★ 5
Great map case
Size: Regular - 12 x 16 Inches
Love this map case, it hard at times to close the zip lock!
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Reviewed in the United States on June 6, 2025